IB1T.L is trading at £6.28 (-3.10%) as Bitcoin declines, the clearest direct pressure on the ETP’s Bitcoin exposure. - Higher Treasury yields, rising oil prices and a firmer dollar are weighing on risk-sensitive assets as traders await the Fed minutes. - Leveraged long liquidations added to crypto selling, while cautious broader-market sentiment is consistent with the move. - The supplied price context includes no volume data, so trading activity cannot be assessed.